Global Rolling Stock Market Size - Forecasts to 2026
As per the research conducted by GME, the Global Rolling Stock Market is estimated to be valued at USD 53.97 billion in 2021 and is projected to reach USD 70.69 billion by 2026 at a CAGR of 4.6%. Expanding funding levels for railway advancement skyrocketing demand for a reliable, convenient, and reliable transportation system, and increased use of public transportation as a remedy to traffic congestions are all ascribed for the overall market expansion.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on
“Global Rolling Stock Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/rolling-stock-market-3389
By Product (Locomotive, Rapid Transit Vehicle, Coach, Wagon), By Type (Electric, Diesel), By Technology (Conventional, Turbocharged, Maglev), By Application (Passenger, Freight), By Region (North America, Europe, Asia Pacific, MEA, and CSA); End-User Landscape, Competitive Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• Due to the high-speed and augmented comfortability functionalities of these trains, the rapid transit vehicle segment is presumed to predominate.
• Cost-effectiveness and high-torque engines lead to the supremacy of the diesel segment.
• The growing demand for faster commute services with higher protection standards is propelling the turbocharged locomotive segment forward.
• The passenger application segment is leading because they are faster means of transportation.
• Soaring infrastructure advancement in the transport sector aids in the predominance of the Asia Pacific region.
• ABB, CRRC Corporation Limited, Trinity Rail Group LLC, Alstom Transport, Siemens Mobility, Bombardier Transportation, General Electric, Hyundai Rotem, Kawasaki Heavy Industries, Hitachi Rail Systems, The Greenbrier Co, and Stadler Rail AG among others, are the key players in the market.
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Product Outlook (Revenue, USD Billion, 2021-2026)
• Locomotive
• Rapid Transit Vehicle
• Coach
• Wagon
Type Outlook (Revenue, USD Billion, 2021-2026)
• Electric
• Diesel
Technology Outlook (Revenue, USD Billion, 2021-2026)
• Conventional
• Turbocharged
• Maglev
Application Outlook (Revenue, USD Billion, 2021-2026)
• Passenger
• Freight
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
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